Investing in sports, one bet at the time.
Considering the results for the last 12 months, it was clear that something had to be done. Taking bad luck and bad runs into account wasn’t enough to explain the poor performance from too many tipsters.
It was a strange year betting wise, a year that is a bit hard to draw any bigger conclusions from. I made some costly mistakes, I also made a lot of money before I eventually lost them again.
Most tipsters are back to business as usual, even if On The Oche found a rare losing run in October. It’s also been a while since Golf Betting Expert found a winner, but other than that, a nice period of bets.
Nope, it wasn’t meant to be this month either. It was looking good for the most of the month, but a poor last weekend pulled me down below zero, so a few units lost again. My betting bank is well prepared for drawdowns, but it’s quite annoying to keep spending all this time for nothing….
July sees the fourth straight losing month for the portfolio, which probably is the longest downturn so far.
My portfolio can’t catch a break for the moment. June was down another 91 units and the profits from March has been more or less been erased.
The horrific downturn from April continued a bit into May and that dragged down the results to show a second red month in a row.
Most tipsters failed to make a profit and it was never really close to being a profitable month.
What a month. Most pieces fell into place at the same time and as a result the numbers are better than average.
A summary of the betting portfolio’s performance in January and February 2019.
